Baird raised the firm’s price target on Ingersoll-Rand to $77 from $72 and keeps an Outperform rating on the shares. The firm said it was another typical quarter as execution remains strong, guidance was raised, M&A is active, balance sheet is healthy, and setup into 2024 remains solid.
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Read More on IR:
- Ingersoll-Rand price target raised to $75 from $74 at Barclays
- Ingersoll Rand raises FY23 EPS view to $2.81-$2.89 from $2.70-$2.80
- Ingersoll Rand reports Q3 adjusted EPS 77c, consensus 69c
- Ingersoll-Rand upgraded to Buy from Hold at Stifel
- Ingersoll-Rand price target lowered to $70 from $76 at Wells Fargo
